Ronald Mcdonald House Charities Of Nashville Tn Inc
- Assets
- $20.0m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 03/1990
- Data as of
- 12/2021
- EIN
- 62-1310717
Organization Overview
Ronald Mcdonald House Charities Of Nashville Tn Inc is located in Nashville, TN. The organization was established in 1990. According to its NTEE Classification (E86) the organization is classified as: Patient & Family Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ronald Mcdonald House Charities Of Nashville TN Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Ronald Mcdonald House Charities Of Nashville TN Inc generated $3.3m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO KEEP FAMILIES CLOSE BY PROVIDING RESOURCES FOR FAMILIES OF CRITICALLY ILL CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021, DESPITE THE CONTINUED COVID-19 PANDEMIC, WE REMAINED OPEN SERVING 79 FAMILIES. THESE FAMILIES CAME FROM 95 COUNTIES IN TENNESSEE AND 66 COUNTIES IN KENTUCKY AS WELL AS 41 OTHER STATES, 2 U.S. TERRITORIES AND 14 FOREIGN COUNTRIES. THE NASHVILLE HOUSE REQUESTS THAT FAMILIES PAY $ 15 PER NIGHT. HOWEVER, THE PRIMARY GOAL IS TO KEEP THESE FAMILIES TOGETHER AND NEVER REFUSE SERVICE BECAUSE A FAMILY IS UNABLE TO PAY. IN 2021, 92% OF GUEST FAMILIES COULD NOT AFFORD TO PAY ANYTHING TO STAY IN OUR HOUSE. THE AVERAGE MONTHLY OCCUPANCY IN 2021 WAS 90% AND THE AVERAGE LENGTH OF STAY WAS 25 NIGHTS. EVEN THOUGH VOLUNTEERS WERE NOT PERMITTED INSIDE THE HOUSE, OUR AMAZING MEAL GROUPS AND SUPPORTERS PROVIDED 407 CATERED MEALS FOR FAMILIES IN 2021. THE RONALD MCDONALD FAMILY ROOM TEMPORARILY CLOSED IN MARCH OF 2020 BUT HAS SERVED MORE THAN 435,973 INDIVIDUALS WITH AN AVERAGE OF 1,400 VISITORS PER MONTH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Piercy Executive Director | Officer | 40 | $95,025 |
Greg Welch President-Elect | OfficerTrustee | 4 | $0 |
Andrea Cleeton President | OfficerTrustee | 4 | $0 |
Jon Gaston Secretary | OfficerTrustee | 4 | $0 |
Kim Cammuse Treasurer | OfficerTrustee | 4 | $0 |
Marquinta Harvey General Member | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $134,925 |
| Related organizations | $0 |
| Government grants | $127,765 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,875,679 |
| Noncash contributions included in lines 1a–1f | $63,338 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,138,369 |
| Total Program Service Revenue | $3,045 |
| Investment income | $185,192 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$10 |
| Net Income from Fundraising Events | -$20,416 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,306,180 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $24,636 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $175,374 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,545 |
| Advertising and promotion | $0 |
| Office expenses | $214,129 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $153,076 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $29,173 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $148,638 |
| Insurance | $31,386 |
| All other expenses | $2,172 |
| Total functional expenses | $1,663,628 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,168,159 |
| Savings and temporary cash investments | $6,601,821 |
| Pledges and grants receivable | $52,876 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $7,016,937 |
| Investments—publicly traded securities | $3,165,073 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $20,004,866 |
| Accounts payable and accrued expenses | $166,937 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $166,937 |
| Net assets without donor restrictions | $13,854,679 |
| Net assets with donor restrictions | $5,983,250 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $20,004,866 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ronald Mcdonald House Charities Of Nashville Tn Inc has recieved totaling $1,500.
| Awarding Organization | Amount |
|---|---|
The Fullgraf Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $1,500 |
Endowment Analysis
| Beg. Balance | $856,000 |
| Earnings | $34,120 |
| Other Expense | $34,120 |
| Ending Balance | $856,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Atlanta Ronald Mcdonald House Charities Inc Atlanta, GA | $44,808,722 | $8,699,770 |
Ronald Mcdonald House Charities Of Kansas City Inc Kansas City, MO | $27,398,591 | $8,017,708 |
Ronald Mcdonald House Charities Of St Louis St Louis, MO | $27,629,828 | $13,443,191 |
Childrens Harbor Inc Alexander City, AL | $18,826,684 | $4,602,501 |
Lighthouse Family Retreat Inc Alpharetta, GA | $2,831,425 | $4,605,749 |
Ronald Mcdonald House Charities Of Greater Washington Dc Inc Falls Church, VA | $23,518,081 | $3,394,943 |
Donate Life Foundation St Louis, MO | $91,166,594 | $6,901,700 |
Project Camp Inc Scottsville, KY | $18,355,939 | $3,774,764 |
Ronald Mcdonald House Charities Of Kentuckiana Inc Louisville, KY | $27,153,177 | $3,859,145 |
Make-A-Wish Foundation Of Central And Western North Carolina Inc Charlotte, NC | $8,151,207 | $3,618,519 |
Ronald Mcdonald House Of Durham And Wake Inc Durham, NC | $12,035,561 | $3,831,309 |
Hospital Hospitality House Of Richmond Inc Richmond, VA | $19,495,218 | $3,888,827 |